How Soon Can I Buy A Car After Bankruptcy

How Soon Can I Buy A Car After Bankruptcy?

Theoretically, you could buy a new car the next day after filing for Bankruptcy. However, as a practical matter, you can expect to wait about 90 days after filing. That’s because a vehicle dealership will likely not sell you a vehicle until you receive an order of discharge, which is the court order that wipes out your dischargeable debts.

That order is typically issued 60 days after you meet with the Chapter 7 trustee and that meeting typically occurs within 30 days of filing.

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